Sunday, November 24African Digital Business Magazine

Tag: Doing Business In Africa

Ethel Kuuya: Visionary Leader, Founder, Author and CEO of Advisory Kulture
Business, Interview, South Africa News

Ethel Kuuya: Visionary Leader, Founder, Author and CEO of Advisory Kulture

As an influential leader, Ethel presents a visionary philosophy that can inspire the next generation. Her transformative approach sets a new standard for leadership, which is crucial for nurturing future leaders. Her consulting firm, Advisory Kulture, offers successful leadership training that has been effective across various sectors. What type of business do you run? I run a consulting firm named Advisory Kulture. We specialise in providing strategic advice and tailored solutions to help businesses navigate complex challenges and achieve their goals. How long has your business been running for? Advisory Kulture has been operating successfully for 10 years, during which we have built a solid reputation for delivering high-quality consulting services. What mot...
Fintech, Startups

Failing To Win

A new book from Burnet Media, Cape Town will inspire and guide the next generation of African entrepreneurs. Failing To Win by Mike Quinn is the authentic story of a uniquely African startup at the forefront of the continent’s fintech revolution. Inspired to become the “M-Pesa of southern Africa” after Kenya’s pioneering mobile money innovation, Zoona secured tens of millions of dollars in international investment and grew to serve two-million customers in Zambia, Malawi and Mozambique while processing $2.5-billion in transactions. This is an ideal read for anyone doing business or investing in Africa, and in particular for purpose-driven entrepreneurs and impact or venture capital investors. ABOUT THE BOOK In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lu...
South Africa News

Collaboration and Partnership will get SMEs through these difficult times

Small businesses in South Africa should tap into existing business community, partner and supplier networks to help keep their heads above water in these tough times. It is only by finding creative ways to stand together and help one another that this vital sector of the South African economy, employing 9 out of 10 people, will survive. One such partnership kicks off in Cape Town tomorrow (Tuesday 3 August 2021). The “Small Business Spotlight” initiative is the brainchild of SME funder Lulalend and one of the city's online magazines CapeTownMagazine.com. The nationwide initiative is designed to encourage all of us to support our favourite local businesses by showcasing them to a broader audience. The devastating impact of the pandemic on SMMEs is well documented, says Lulalend CEO Trevor...
Engen’s footprint flourishing as company targets ambitious growth in Botswana
African News, Botswana News

Engen’s footprint flourishing as company targets ambitious growth in Botswana

Engen continues to expand in Botswana and so spread its unique retail fuel and convenience customer experience across the country, with five new Engen Service Stations opening in the first half of 2021 and a further five in the pipeline. “As always, convenience and customer service are key determinants of our success and we are excited to bring these new sites to market and also announce additional expansion plans,” says Chimweta Monga, Managing Director of Engen in Botswana. “Engen has a growing footprint and the brand is well known amongst our customers who have come to associate themselves with Engen’s brand promise of With us you are Number One.” As a leading marketer of fuels and lubricants, Engen currently operates 64 service stations and 43 Quickshop convenience stores across B...
The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom
Business, Nigeria News

The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom

What does it really take to succeed in big multinational businesses in the developing world? One man’s remarkable journey from a rural Nigerian village to a top job in a global corporation describes the challenges, the opportunities and the issues we must all face up to if we are to create positive organizational and societal impact, equality and equity in global businesses. Babs Omotowa has written From Storeroom to Boardroom to share his insight on the challenges and opportunities of big businesses in developing countries including on, climate change, oil spills, corruption, transparency​, culture, government relationships and societal (community and capacity) development. Babs Omotowa has spent his life rejecting the status quo. His own career disproves the unthinking perception that Af...
Business, Tech

How Risk 360 technology is helping business security in Africa

In Africa, as in other parts of the world, Risk 360 is giving our customers real-time information to reduce the threats they face and optimise their resources. It’s taking our service beyond what our clients thought was possible, and helping to improve the international reputation for doing business in Africa. In a secure control room located in the heart of Africa, a team of G4S analysts pour through data looking for clues to what might be about to happen. Their mission - to get inside the mind of a criminal, and stop their crimes before they take place. It might sound like the plot of Steven Spielberg’s movie Minority Report, but in reality what G4S is rolling out across Africa is a technology that relies not on artificial intelligence, but on the analysis of thousands of data sets. It’...
Kingdom of Eswatini News, Main

Eswatini gears up to become a private sector-led economy

By Manqoba Khumalo, Minister of Commerce, Industry and Trade in Eswatini The Kingdom of Eswatini is gearing up to becoming a private sector-led economy committed to economic reform and determined to recover from the devastating effects of COVID-19. Before the global pandemic, the Kingdom of Eswatini was already experiencing key economic challenges characterised by sluggish growth and a budget deficit. The advent of the global pandemic further exacerbated an already fragile economic situation and added another dimension to the fiscal crisis, which demanded a differentiated and rapid approach. To save the economy and the livelihoods of the people of Eswatini, we devised a post-COVID-19 recovery plan earmarking the private sector as the new main driver of employment in the country. The logic ...
The Opportunity Cost of Doing Business for SMEs in Africa
Kenya News, Main

The Opportunity Cost of Doing Business for SMEs in Africa

Fintechs are Easing Access to Credit for Small and Medium Enterprises. The African economy has gathered momentum over the years, with an estimated increase of 3.8% of the real output growth in 2017. As the largest economies gradually strengthen, the 2018/2019 performance should reach 4.1% according to the African Development Bank. This economic growth and sustainable development has largely been contributed by Small and Medium Enterprises (SMEs). In Kenya for instance, SMEs contribute approximately 40% to the GDP and employ over half of the country’s workforce. Yet, becoming a profitable SME in the continent is never a smooth sail for many. There’s the presence of stringent government regulations in several countries, though the flexibility of doing business in others is a force to be re...